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This research investigates how ethnic diversity among managers and employees impacts firm performance metrics.

Diversity at the Top: How Ethnic Composition of Management Influences Corporate Performance in U.S. Companies

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This research investigates how ethnic diversity among managers and employees impacts firm performance metrics.
Analyzed a sample of 391 U.S. companies over a five-year timeframe (2020–2024)
Utilized ordinary least squares (OLS) regression models for analysis
Included fixed-effects and random-effects models to assess variables
Considered multiple indicators of financial performance and ethnic diversity
Found mixed effects of ethnic diversity on return on assets (ROA) and return on equity (ROE)
Supported existing hypotheses in the literature regarding diversity and performance
Indicated both positive and negative impacts on financial performance metrics

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Quantitative analysis reveals that ethnic diversity influences firm performance in U.S. companies, suggesting implications for management practices.

Silvia-Andreea Peliu (2026) studied this question.

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Quantitative analysis reveals that ethnic diversity influences firm performance in U.S. companies, suggesting implications for management practices.